Commodity predictions 14 Jan 2014

Commodity predictions 14 Jan 2014

MCX GOLD Feb. expiry future last closed at 29,210 with gain. In intraday mcx gold future’s high was at 29,220 while low was at 29,012. Total 200-rupee intraday range and closed with gain. For intraday, mcx gold remain buy with 29,000 as Stoploss and 29,550 as target level.

MCX SILVER March expiry future last closed at 45,080 with gain. In intraday mcx silver future’s high was at 45,120 while low was at 44,350. Total almost 800-rupee intraday range and closed with gain. For intraday, mcx silver is buy with Stoploss 44,700 for target 45,800.

MCX ALUMINIUM Jan. expiry future last closed at 107.2 with gain. In intraday mcx aluminium, future hit high at 107.6 while low was at 106.2. Total 1-rupee intraday range and closed with gain. For intraday, mcx aluminium future is buy with Stoploss 105 and for target 108.

MCX COPPER Jan. expiry future last closed at 457.3 with loss. In intraday mcx, copper future made high at 458 while low was at 453. Total 5-rupee intraday range and closed with gain. For intraday mcx, copper future is buy with Stoploss 450 and for target 464.

MCX LEAD Jan. expiry future last closed at 132.7 with gain. In intraday mcx lead future’s high was at 133 while low was at 131. Total 2 rupee intraday and closed with gain. For intraday mcx, lead future is buy with Stoploss 131 and for target 135.

MCX NICKEL Jan. expiry future last closed at 874.8 with gain. In intraday mcx nickel future’s high was at 875 while low was at 852. Total 23-rupee intraday range and closed with gain. For intraday mcx nickel, future is buy with Stoploss is 860 and target will be 895.

MCX ZINC Jan. expiry future last closed at 127.35 with gain. In intraday mcx zinc, future hit high at 127 while low was at 125. Total 2-rupee intraday range and closed with gain. For intraday mcx zinc, future is buy with Stoploss 125 and target is 130.

MCX CRUDEOIL Jan. expiry future last closed at 5658 with loss. In intraday mcx crude oil, future hit high at 5700 while low was at 5640. Total almost 60 rupee intraday and closed with loss. For intraday mcx crude oil, future is sell with Stoploss 5750 for target 5600.

MCX NATURALGAS Jan. expiry future last closed at 261.2 with gain. In intraday mcx natural gas, future made high at 262 while low was at 251. Total 11-rupee intraday range and closed with gain. For intraday mcx NG, future is buy with Stoploss 257 and for target 272

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Pramod Baviskar

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